Chengdu Expressway reports mixed Q3 2025 financial performance

Chengdu Expressway Co. Ltd. announced its unaudited third-quarter results for the nine months ended September 30, 2025. The Group reported total assets of RMB9.48bn, an increase from RMB9.04bn at December 31, 2024. Total liabilities also rose to RMB3.56bn from RMB3.45bn over the same period, while total equity attributable to owners of the Company increased to RMB4.89bn from RMB4.59bn.

For the nine months ended September 30, 2025, the Group’s revenue was RMB2.20bn, a slight increase from RMB2.16bn in the prior year. Net profit for the period was RMB523.56m, down from RMB537.08m in 2024. Operating profit for the Group stood at RMB658.85m, an improvement from RMB623.96m reported in the previous year.

Cash flows from operating activities for the Group were RMB443.63m, compared to RMB761.62m in 2024. The net increase in cash and cash equivalents for the period was -RMB224.20m, contrasting with a -RMB667.94m decrease in the prior year, bringing the balance of cash and cash equivalents to RMB1.68bn at the end of September 2025.